Cummins Salutes Diverse Suppliers
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COLUMBUS, Ind. October 22, 2008: Five companies, including three from Indiana have been named as Cummins Inc.’s first Diverse Suppliers of the Year.
The companies were honored at a recent dinner and trade show attended by top Cummins officials including Chairman and Chief Executive Officer Tim Solso, Vice Chairman Joe Loughrey and President and Chief Operating Officer Tom Linebarger.
Solso said Cummins is poised for rapid growth over the next five years, entering new markets and developing new products.
“That means a lot of opportunities for our supply base,” said Solso, who earlier this year doubled Cummins’ goal to $1 billion in spending with minority-owned businesses by 2012. “We are very serious about what we are doing.”
Four different Cummins businesses and the Company’s indirect purchasing organization named diverse suppliers of the year. The suppliers were chosen for their high quality goods and services, dedication to efficiency and cost cutting, and their commitment to public service.
The winning companies are:
Cummins embraces supplier diversity for two primary reasons:
Cummins Director of Diversity Procurement Gordon F. Fykes called the dinner and trade show a rousing success.
“A lot of our top diverse suppliers got the chance to meet people from throughout the Company,” Fykes said. “I’m confident that will lead to good things in the future.”